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Transnet Ports Authority plans to make potable at all ports by the year 2025
The South African National Ports Authority and Transnet have announced that they are looking at setting up water desalination plants at eight major ports along South Africa's coastline. A media report carried out by Business Insider SA, reveals that Transnet has major plans for South Africa's ports, as they also want to spend R44 billion on
Eskom & Saretec join forces to empower skilled technicians and artisans in South Africa
South African power generator, Eskom, has partnered with the South African Renewable Energy Technology Centre (Saretec) to formalise a collaboration to develop renewable energy artisan skills in the country. The two giants signed a memorandum of agreement on Monday aimed at supporting the implementation of the Eskom Just Energy Transition (JET) strategy. In a statement to the
South African tourism sector is steadily recovering from the Covid-19 pandemic
The South African tourism industry is slowly recovering from the ravaging Covid-19 pandemic as it is now seeing profits. The tourism income is on the steady road to recovery in South Africa after it took a beating amid the Covid-19 pandemic, albeit still at pre-Covid rates. Independent Media Online reports that the latest tourism and migration figures
Logistics giant Grindrod Shipping registers a rise in shares in the second quarter of 2022
Grindrod Shipping has registered a rise in its shares as they leaped to a 22 percent high on Thursday and the company has shared the reasons behind this achievement. The logistics company says it accomplished this and credited it to a stellar performance boosted by handysize and UltraMax bulk segments in its second quarter of the
Coal producer Seriti Resources to invest $730 million in Mpumalanga for a wind farm project
One of the coal producers and suppliers to South African power generator, Eskom, Seriti Resources has pledged to invest $730 million in Mpumalanga. The coal producer has promised to build a 450-megawatt wind farm in Mpumalanga to fast-track a foray into renewable energy. This development follows a proposed acquisition of Windlab Africa and according to SowetanLIVE, the
SA municipalities owe Eskom a staggering R49.1 billion, David Mabuza urges them to pay
South African deputy president David Mabuza has pointed out a few reasons why the electricity supplier, Eskom, is struggling as it is owed about R5 billion in just four months. Mabuza believes the fact that the municipalities owe the power generator staggering amounts of money in their bills is a major concern. It is reported that Eskom
Ambitious and selfless Buhle Madlala using cycling to create jobs in the rural areas
Women’s Month is still in full swing in South Africa and this time the spotlight is on Buhle Madlala who aims to alleviate poverty and create jobs through cycling. Madlala is the co-founder of the National Cycling Academy Forum (NCAF) and looks to work together with courier companies as she wants to empower the youth
Good news about FNB’s extra R2 per litre fuel rewards
FNB says it will keep offering an additional R2 per litre eBucks rewards to customers using their virtual cards to pay for fuel at Engen stations up to the end of September. That is despite a reduction in fuel prices at the beginning of August and another drop expected for September. According to data from the
Emirates Airlines pulls out of Nigeria citing trapped funds to the value of $85 million
It doesn’t rain but pours for the Nigerian economy and this follows an announcement by Emirates Airlines to discontinue flying to and from the West African country in September. The Dubai-based airline says continuing to fly to the African nation comes with expenses and they have failed to repatriate the funds. Dubbed Africa’s most populous nation and
Google Sub-Saharan Africa injects multi-million dollars into Kenyan e-logistics company
Google has once again injected a huge investment with an aim to boost the African economy by reaffirming its $50 million Africa Investment Fund initiative. This time, a Kenyan e-logistics company, Lori Systems, has benefitted from the massive cash injection and the financial support has been welcomed. As part of Lori Systems' daily business or operations, they
FAWU critical of SA government’s move to suspend anti-dumping duties of chicken from Brazil
The Food and Allied Workers Union has slammed the decision by the South African government to suspend anti-dumping duties on imported frozen chicken from Brazil. FAWU believes the announcement made on Wednesday by the Minister of Trade and Industry Ebrahim Patel, will definitely kill the local poultry industry. The union also argues that the move by the
Transnet sues Chinese company for failure to deliver locomotive parts and components
The state-owned rail company, Transnet, has announced that it has launched a legal bid against China Railway Rolling Stock Corporation (CRRC) to supply parts and components. The company announced the move on Wednesday through a media statement, aimed at forcing CRRC E-Loco Supply to deliver the prerequisite parts and components for a fleet of 300 locomotives. In
LG Electronics South Africa opens first ever service centre in Midrand, Johannesburg 
Global electronics manufacturer, LG Electronics, has opened its first-ever service centre in Johannesburg on Tuesday. The electronics giant opened the centre in Midrand and the move signals their trust in the South African economy. As per the company’s social media pages, the multimillion-rand centre will ensure that LG provides quality after-sales and repair services for
Auction highlights: Jumbo the Boran bull sells for a record smashing R2,3 million
A Zambian family made history earlier this month when it bought an eight-year-old Boran bull at an auction valued at a staggering R2,3 million. As per Farmers Weekly, the family splashed the whopping amount for the bull at an auction held by Hurwitz Farming. The bull, Jumbo, was put on the market for a record-breaking R2.3 million
Businessman Elon Musk posts a controversial tweet, joking “I’m buying Manchester United”
South African-born billionaire Elon Musk has shaken the social media space after posting a joke that he is buying English Premier League giants Manchester United. The controversial businessman went to his Twitter timeline to share the news, but social media users questioned him as they raised their hopes. However, it turned out he is only
Mobile operator MTN appoints outgoing ICASA CEO Willington Ngwepe as Chief of Staff
MTN South Africa has moved swiftly to appoint a chief of staff as they named outgoing ISASA CEO Willington Ngwepe. Ngwepe has been announced by the mobile telecom operator in a statement but he will resume his duties on the first of October this year. According to ITWeb, the mobile operator announced the news on Tuesday
AgriKool’s Zamokuhle Thwala aiming to spread wings all over South Africa
He is one of the rightest young and upcoming businessmen operating in KwaZulu-Natal, Zamokuhle Thwala is the man who launched AgriKool. As he says, he plans to make agriculture look cool, he launched his startup and is now experiencing growth as he reveals his plans to launch nationwide. Founded by Thwala, AgriKool is an agricultural e-trading platform
Embattled SAA vows to remain in the skies, promises to comply with ASLC 90-day order
South African Airways is once again making headlines as they were issued with a deadline of 90 days to release information to the aviation licensing body. SAA was handed three months to provide information to the Air Services Licensing Council and the airline has promised it will comply. The embattled national carrier has since confirmed
Embattled Telkom SA rubbishes merger talks with Rain, confirms negotiations with MTN
In the wake of a widely publicised merger between Telkom SA and Rain, the struggling parastatal has rubbished the reports of an offer from its competitor. Telkom SA has come clean regarding the partnership, arguing that there is no offer from Rain but the management can consider it once it comes through. The proposed merger
Eskom: Cyril Ramaphosa confirms talks have begun with Botswana to sell excess electricity
After completing his presidential visit to Botswana, South African president Cyril Rasmaphosa has confirmed that talks to source power from the neighbouring country have begun. Addressing the media through a press briefing, Ramaphosa said the Southern African nation has shown willingness to share excess electricity with South Africa’s power generator, Eskom. The sale of excess